News

Burst! A cargo ship carrying 1,486 containers is on fire! Dangerous goods on board Release on2021-05-22: Burst! A cargo ship carrying 1,486 containers is on fire! Dangerous goods on board...Read More>>

Cosco ports throughput jumps 14pc in June to 7.4 million TEU Release on2021-05-22: COSCO Shipping Ports' throughput increased 14 per cent year on year in June to 7.4 million TEU, a third of the gains - 1.5 million TEU - driven by company ports outside of mainland China. Even laggard regions such as the Pearl River Delta clu...Read More>>

U.S., Europe and Australia's foreign trade has entered a moment of suspension! Release on2021-05-22: The global epidemic is spreading, and the economies of foreign countries have suffered unprecedented blows. In terms of shipping, "ports are full of ships and containers are piled up" has become the norm. Imports and exports of major U.S. por...Read More>>

Epidemic rebound in Southeast Asia, poor economy, factory closures may affect global supply chain Release on2021-05-22: Epidemic rebound in Southeast Asia, poor economy, factory closures may affect global supply chain...Read More>>

Why is Qingdao Port in Shandong Province among the top three in the Global Container Port Performance Index? Release on2021-05-22: The World Bank and IHS Markit recently released the 2020 Global Container Ports Performance Index (CPPI). Qingdao, a port in Shandong province, stood out from 351 ports around the World, becoming the only port to be listed in the top three of the 20 milli...Read More>>

Outrageous! Container freight rates on Asia-Europe routes have soared 10 times! The global shipping industry encounters another "wave of crit"! Soaring demand for China-Europe express trains Release on2021-05-22: Has the freight dropped this week? I advise you not to think too much... Due to the combined effect of strong shipping demand, port delays and container shortages, the spot freight rate of containers continued to rise and reached new highs. Part of...Read More>>

WHO report draws lessons from COVID-19 pandemic Release on2021-05-21: WHO report draws lessons from COVID-19 pandemic A report recently published by an independent panel of experts who reviewed the global response to the COVID-19 pandemic has pinpointed equitable and widespread distribution of vaccines, along with the co...Read More>>

U.S. commodity inventories hit a record low and demand is strong. Importers are starting to prepare for Christmas Release on2021-05-19: U.S. commodity inventories hit a record low and demand is strong. Importers are starting to prepare for Christmas...Read More>>

Amazon's multiple warehouses burst out! The U.S./France/U.K. has gone out of stock, please take care in advance! Release on2021-05-17: Amazon's multiple warehouses burst out! The U.S./France/U.K. has gone out of stock, please take care in advance!...Read More>>

6.0-magnitude quake strikes off Japan's Fukushima Prefecture, no tsunami warning issued Release on2021-05-14: 6.0-magnitude quake strikes off Japan's Fukushima Prefecture, no tsunami warning issued TOKYO - An earthquake with a magnitude of 6.0 struck off Japan's Fukushima Prefecture on Friday, according to the Japan Meteorological Agency (JMA). The ...Read More>>

Many South Korean liner companies will be sanctioned for allegedly driving up freight! Release on2021-05-14: According to Yonhap News Agency’s report on May 10, the country’s antitrust regulator, the Korea Fair Trade Commission (KFTC), is reviewing the suspected actions of HMM, Xingya Shipping, and other liner companies in the country for allegedly r...Read More>>

Suez Canal to be widened! Release on2021-05-14: Egyptian President Abdel Fattah al-Sisi on Monday approved a plan submitted by the Suez Canal Authority to widen the southern section of the canal, which is expected to be completed within two years, Egyptian newspaper Al-Ahram reported Thursday. ...Read More>>

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